I don't know if this already got memory holed but Elon was already close to getting shutdown by Western Elites already:

Elon Musk visits Israel to meet top leaders as accusations of antisemitism on X grow

https://www.pbs.org/newshour/world/elon-musk-visits-israel-to-meet-top-leaders-as-accusations-of-antisemitism-on-x-grow

What happened was Musk allowed free speech on X and removed the policy surrounding antisemitism. All of Musk's advertising companies pulled funding and then Musk tried suing the sellers of X for misrepresentation over "income" given that advertisers had pulled the funding. Then Musk was summoned by jewish people to discuss the X situation. This is when pictures of Musk with Ben Shapiro circulated and Musk visited the jewish internment camps. After Musk came back from his trip, Musk silently reverted back the old policy surrounding speech, he teamed up with a jewish company to gather people's data when they paid for X and then advertisers resumed giving Musk money and the issues with X potentially going bankrupt due to pulled funding due to antisemitism died down.

I have this to say on the matter. If the jews have already given X and Musk their blessing, the EU has no chance in stopping Musk.